Fintech Kwara raises US$4m in seed round to build neobank for credit unions in Kenya

KENYA – Fintech startup Kwara has raised US$4 million in a seed round to build a neobank app that will enable individuals to sign-up with their preferred credit unions to access various financial services. Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing…

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Workpay partners with fintech Kwara to offer streamlined HR & Payroll services to SACCOs in Kenya

KENYA – Digital banking fintech startup Kwara, has partnered with Workpay, a people management platform that enables businesses to hire, manage and pay employees from anywhere in Africa, to offer Savings and Credit Cooperative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions. The partnership will enable SACCOs to automate their Human Resource (HR) processes as a…

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Fintech startup Kwara launches its regional offices across Kenya

KENYA – Kwara, a fintech startup, has opened its regional offices in the Western, Central, Rift Valley and Coastal regions of Kenya as part of their expansion in the country. The company offers a digital banking platform that transforms existing credit unions and savings cooperatives (SACCOs) into modern, digital financial institutions. Currently serving almost 50 credit unions worldwide, the company…

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Fintech Kwara partners Lami Technologies to improve their product offerings

KENYA – Kwara, a fintech startup, has partnered with insurtech company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO) members in Kenya with insurance products. The partnership will allow SACCO members to conveniently access innovative insurance products ranging from health, general, life, business, and property coverage through the Kwara platform. The collaboration aims to build the domestic insurance…

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